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re: Elon Musk is dumping 43 Billion Into Twitter in a Hostile Takeover

Posted on 4/14/22 at 6:20 am to
Posted by Placekicker
Florida
Member since Jan 2016
8430 posts
Posted on 4/14/22 at 6:20 am to
quote:

quote: "If the deal doesn’t work, given that I don’t have confidence in management nor do I believe I can drive the necessary change in the public market, I would need to reconsider my position as a shareholder."


Ooooh. There is the money shot. Dumping all his shares at once will TANK the stock price. Especially when other shareholders jump in to prevent themselves being bagholders.


This!!! The Board is now officially screwed. They have two choices.
1. They can sell to Elon. This makes them wealthy, but it also gives Elon control of Twitter.
2. They can not sell, but they are hedging their bets that he doesn’t follow through with the not so subtle hint to “reconsider my position as a shareholder.” Translation- I dump my stock. I make bank while you all take heavy losses.

Well played, Elon. Well played.
Posted by BoarEd
The Hills
Member since Oct 2015
38862 posts
Posted on 4/14/22 at 6:50 am to
2. They can not sell, but they are hedging their bets that he doesn’t follow through with the not so subtle hint to “reconsider my position as a shareholder

He is also creating a very public spectacle of their moderation practices. If they don't sell, with his recent hints at turning HQ into a homeless shelter because nobody goes to work anyways among other things, he is going to do huge damage to their stock prices with his words alone. Then he dumps their stock.

It's a hostile takeover. Trump gonna be reinstated.
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